About 114 N Lexington Avenue
This historic & well-maintained building offers unparalleled exposure amidst the vibrant cityscape of Downtown Asheville. Well-positioned at the signalized intersection off I-240, this property offers interstate frontage from 2 major city streets. 7,042 SF with 3 floors of usable space, providing immediate potential for value-add income through multi-tenant occupancy. Lower level includes a retail area and a commercial kitchen with platform passenger lift and dumbwaiter accessing upper floors. Second level includes a restaurant with plenty of seating and entrances from two major streets. Upper level has a bar area with stunning views of both the mountains and the cityscape. There is dual stairwell access & possibility of division into two separate spaces. Strategically located on a destination street flanked by a diverse array of over 200 small businesses. Recent upgrades include a new roof in 2021 and new windows in 2023. Restaurant FF&E not included in sale but is negotiable.
Features of 114 N Lexington Avenue
| MLS® # | 4118249 |
|---|---|
| Price | $2,900,000 |
| Bathrooms | 0.00 |
| Acres | 0.06 |
| Year Built | 1926 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Status | Active |
Community Information
| Address | 114 N Lexington Avenue |
|---|---|
| City | Asheville |
| County | Buncombe |
| State | NC |
| Zip Code | 28801 |
Amenities
| Utilities | Electricity Connected, Gas |
|---|---|
| Garages | On Street, Parking Lot, Parking Space(s), Parking Space(s) (Off Site) |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central, Zoned |
|---|---|
| Cooling | Central Air, Zoned |
| Fireplace | No |
| Has Basement | No |
Exterior
| Lot Description | Paved, Views, Other - See Remarks |
|---|---|
| Roof | Flat |
| Construction | Brick Full |
Additional Information
| Date Listed | April 9th, 2024 |
|---|---|
| Days on Market | 237 |
| Zoning | CBD |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Carla & Company Real Estate Services |
|---|